Unemployment in Columbia

Its infamy impacts tourism and trade, despite Colombia being the second largest maker of coffee in the world. The unemployment, particularly among the youth, acts same(p) fuel to the fire with regards to Colombians scotch uncertainty. The pastoral Itself does have the potential to have a stable economy and at least the minimum acceptable level of cosmos welf ar. It will be Interest to essay why the demesne Is embroiled In warfare Instead of welfare, which Is why I have chosen It to be the affair of my research. 2. Relationships between selected economic concern and country?Economy/other variables (40 points) According to the US Central Intelligence Agencys (CIA) World detail Book, Colombia had a total conk exponent of about 21. 27 million (2010 estimates). For a country whose population stood at 44,725,543 (2011 CIA estimates this paradigm is abysmal. The unemployment rate is at 11. 8% (2010 estimates). It is similarly important to none that nearly half(prenominal) o f the country population (45. 5% 2010 estimates) lives down the stairs the meagerness line. According to a SEPAL (United Nations economical Commission for Latin America and the Caribbean) 1 7% of these are homeless.It Is obvious that when a errors remains unemployed for a farsighted time, he or she can non provide the free necessities of life for their families. However, the high level of poverty In Colombia Is not just attributed to unemployment merely but to the quality of start that those who are employed have. Nearly 32% of those who claim themselves to be employed do not have a formal work contract or access to a healthcare system while 48% hold informal jobs such as street vendors and garbage recyclers (SEPAL). So not only is the population of Colombia plagued with unemployment but those who are employed ark in very depleted paying jobs.When a person is uneffective to support his or her family by intelligent means, they find themselves to be helpless and ecstasy t owards illegal trades to earn a living. This applies especially to the youth, who find themselves without an education, without a job and without a bright future prospect. They tend to stupefy Involved in the local do drugs mafia In one flair or the other. Those who are considered Incapable of strength or physical brutality, find work on cocaine farms while the others cop Involved In more than suicidal aspects of the trade.This draining of possible working world towards an Illegal sector Tanat Is causing more nary than good to ten general progress AT ten spirit takes its toll on the economy. High unemployment has too led to an increase in the economic class divide among the population. The upper class, which accounts for 20% of the population, accounts for about 75% to 80% of the taxation National Product (GNP). The rest of the 20% GNP is shared between the remain 80% of the population. Being far richer than the masses, the selected class has access to education, health care and security.